SK Hynix Shares Retreat, Tracking U.S. Chip Stocks' Declines
SK Hynix's retreat followed a poor performance by U.S. chip stocks. Advanced Micro Devices and Micron Technology each fell more than 4% on Wednesday, while AI chip giant Nvidia shed 2%.
After Intel, AMD now goes for mass layoffs, fire 4% of all global employees to focus on AI
AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to ...
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
Revenue in AMD's data center segment, which houses its AI graphics processors, jumped more than two-fold in the September quarter. On the other hand, the personal computer segment grew 29%, while ...
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
The US-China tech race is moving from chips to the raw materials they're made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance ...
Semiconductor Engineering10h
New AI Data Types Emerge
“Our customers don’t ask us for it.” Other lesser-known floating-point variants include NVIDIA’s TensorFloat-32 format, with ...
Is Nvidia CEO Jensen Huang The Next Steve Jobs?
Jensen Huang, the CEO of Nvidia, has the same caliber of vision and energy to drive his company to be like Apple, a ...
10 Best AI Penny Stocks to Buy According to Analysts
We used ETFs, stock screeners, and financial media reports to compile an initial list of the top AI penny stocks, with a ...
U.S., Finland and Canada agree to icebreaker collaboration pact
Political leaders in the United States, Finland and Canada announced Wednesday that the three nations will build world-class ...
The full list of major US companies slashing staff this year, including Meta, Chegg, and AMD
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Meta, Goldman Sachs, Google, and Tesla are ...
AMD's Ryzen 7 9800X3D improves on the 7800X3D in nearly every way, but should you upgrade?
The Ryzen 7 9800X3D is the chip I recommend to most buyers, at least unless they're already using a 7800X3D. AMD boosted ...